Reliance Jio to invest Rs 10,000 crore in UP

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Jio Infocomm will invest a fresh Rs 10,000 crore in Uttar Pradesh over the next three years and will make available 20 million JioPhones in the next two months in the state, Reliance Industries (RIL) chairman Mukesh Ambani has said.

Reliamce Jio, investment, new jobs, employment, UP, India
Image for representational purpose only

Speaking at the UP Investors’ Summit on Wednesday, Ambani said RIL had already invested Rs 20,000 crore to build digital infrastructure, and created 40,000 direct and indirect jobs, and along with its other businesses such as retail, polyester and petroleum, will create over one lakh job opportunities in the state in the coming years, reported ET.

“Jio’s Digital Revolution is here to make the maximum contribution to UP’s development revolution,” Ambani said. “Jio will establish a centre for the fourth industrial revolution within the campus of a reputed university in Uttar Pradesh.”

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Talking about the JioPhone, Ambani said RIL has virtually made the device free— considering a Rs 1,500 upfront deposit refundable after three years—because it wants even the poorest Indian to become digitally empowered.

As reported by ET, Ambani said UP, which India’s most populous state, can become the country’s most prosperous one by embracing the prime minister’s ‘Digital India’ mission.

“Reliance has built a world-class digital infrastructure all over India, including in UP, in less than two years Jio is providing the highest quality data at the lowest price in the world to over 2 crore citizens of Uttar Pradesh,” he said.

He said RIL has rebuilt the next-generation digital communication services to benefit farmers, small, medium and large business, hospitals, schools, colleges, and universities. “Moreover, Jio will also assist the administration from Rajdhani Lucknow to the smallest gram panchayat,” Ambani said.

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